Resource nationalism: Sounds good, but isn’t

In my latest column for the Globe’s ROB, I take on the resource nationalists who yearn for all Canada’s petroleum to be processed in Canada. I ask why, if there is money to be made in such further processing in Canada, the number of refineries has been declining for years. The people who actually know the refining business in Canada aren’t lining up to invest the $12 billion – $14-billion to build a brand new refinery. If you read this column, you’ll know why you won’t invest in it either!